HMRC Admin 25 Response

Hi Jose Antonio Moray Serrano,
We cannot comment on scenarios, only provide general information / guidance in this forum.
The type of loss being carried forward (captial gains losses, property income losses or trading losses) would be declared in the box for losses carried forward.
Such as box 45 on SA108 (capital gains), box 39 of SA105 (property) , box 33 of SA103S (self employment), box 74 of SA103F (self employment), box 17 of SA104S (partnerships) and SA104F (partnerships).
The loss carried forward that is declared in this box, cannot be more than the profit it is being set against.
Thank you. 

 

Hi Zafed,
No,there are no limits to the amount of capital you transfer from Italy to the UK.
As it is savings, it would not be taxable.
Thank you, 

 

Hi Chloe G,
You can contact us by webchat or phone here:
Income Tax: general enquiries
Where we can issue any requested documents available.
Thank you. 

Hi lucadesa,
Please contact us by webchat or phone here:
Income Tax: general enquiries ,
We can confirm what options we can offer you in how to receive your repayment.
Thank you. 

 

Hi Lottie93,
Once your friend has received her UTR and filed any outstanding returns, she can appeal against any penalty. 
She would need to make this appeal in writing, confirming why she believes the penalty should be cancelled.
Thank you, 

Hi ivan1208,
There may have been some overlap in our requesting the return, and the paper return you sent being logged on your Self Assessment record.
Please contact us by webchat or phone here so we can confirm if we've now received your return.
Self Assessment: general enquiries
Thank you. 

Hi Amir277,
You have 4 years to report the capital gains lossess.
They can, however, be carried forward almost indefinitley.
Thank you. 
 

Hi MrMoodHoover,
As the new tax year starts on the 6th of April, if you leave on the 5th, your P45 should show your tax for the 23/24 tax year from that employer. Leaving on the 12th will mean that your P45 will show your income from the 6th to the 12th of April 2024.
Thank you. 

Hi Andrew Brooman,
Your banks and building societies inform us after the tax year of any interest your accounts have earned.
If there is any tax to pay on any of this interest, it will either be paid through your code in a later tax year, or we will send a request to pay when the calculation is complete.
Thank you. 

Hi Daiput,
Article 17 of:
UK/ AUSTRALIA DOUBLE TAXATION CONVENTION
Advises that Australian pensions and annuities paid to residents of the UK, are taxable only in the UK.
Any withdrawal from your pension will be taxable in the UK, even if you keep the money in Australia to buy a property.
Thank you.